May 2 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 2000 GMT on Monday:

** Baker Hughes Inc sought to reassure investors by
announcing a $2.5 billion plan to buy back stock and pay down
debt, using the breakup fee it would receive following the
collapse of its long-stalled takeover by fellow oilfield
services provider Halliburton Co.

** Airbus Group and fellow France-based company
Safran said they had signed an agreement for the second
phase of a merger of their space launcher activities.

** Oaktree Capital Group LLC, the second largest
shareholder in Tribune Publishing Co, wants the U.S.
newspaper company to explore a sale, people familiar with the
matter said.